Sorry I understand only whitelisted tokens have insurance protection. Will a token that is whitelisted gets de-whitelisted?

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Haven’t seen this happen. The whitelisting status is the result of community support and core Dev vetting the token for vulnerabilities. If a vulnerability were to occur or be exposed, it’s possible that the pool would be frozen or capped until the vulnerability is cleared (to protect the existing liquidity). Haven’t seen a case where a token devolved to a point where the whitelisting has been taken away. It’s unlikely that a project would willingly introduce (and retain) a vulnerability long term as an intentional act.

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